A loan of $3,475 helped a member to buy fish, shrimp, and crab.

Un Nuevo Esfuerzo Group's story

Teresa is the coordinator of her group Un Nuevo Esfuerzo (A New Endeavour), and her story is representative of her group and of Esperanza's Haitian and Dominican (many of whom recently emigrated to the DR from Haiti) clients generally. Her group is located in the Samana peninsula, a lush, rugged isthmus with a nascent tourism industry, where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure with her long term partner and their five children.

Teresa is excited to be taking her fifth loan with Esperanza after having successfully repaid her previous loan and grown her business. She plans to use this loan to invest in her business selling seafood, by purchasing fish, shrimp, and crab to sell from her seafood stand in her home. She will use the profits for her children by purchasing medicine, school supplies, and clothing. Additionally, she would like to finish constructing her home while finding a separate location for her seafood stand. She thanks you all for your support.

In this group: Teresa, Miroqui, Josefina, Yoselin, Nuris, Maria, Nativedad, Lidia, Marisela*, Mercedes, Dominga, Eridania, Maria, Basilia, Dania
*not pictured

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Loan details